While repairing the bed today I pulled out my trusty Stanley #59(?) drill guide, a 7/16" auger and my brace to drill some dowel holes. This bit happens to be one of the better ones I own. (I am looking for a good set right now). I had sharpened this one and it has a good lead screw on the end. As I was drilling the holes I realized that it was just about as fast as my power drill was. By the time I could find it and an extension cord it would probably be quicker.
When I went to put the dowels in place they were just like they are supposed to be. Straight and tight. I only had to do 8 holes but it made me realize just how unappreciated this tool is. Seems to me the orignal cordless drill still has a place in the modern work shop. It does mine!